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12790513 No.12790513 [Reply] [Original]

>It is with great pleasure that we announce the addition of two new APIs for testing in the Honeycomb API marketplace, to be available to Chainlink node operators from the launch of Honeycomb. With Brave New Coin’s intraday global spot rates and market pair reference rates, smart contracts will be able to receive data inputs on cryptocurrency prices and volumes, allowing the execution of a multitude of crypto-price related smart contracts, including crypto derivative contracts, such as options, forwards and futures.

So do you guys think we can start narrowing down on what we can make off a node? this almost makes me think we are gunna have to run multiple nodes. First, i think you have to pay for thr honeycomb subscription. didnt even go to tje website so idk if thats true but prob is. you set your price for how much per API call you get. the part im having trouble with is how much would you charhe for that api call your node is doing? if its .01 cents a call and you do 50,000 calls a year thats like $500. is there anyone here thats more familiar with these numbers?

>> No.12791617

>>12790513

lurking

>> No.12791631

>>12790513
first post?
neck

>> No.12791674

>>12790513
It's going to be much much more than $0.01 per call.

>> No.12791706

>>12790513
>allowing the execution of a multitude of crypto-price related smart contracts, including crypto derivative contracts, such as options, forwards and futures.
How much do you think Chainlink will cut into Bitmex's lunch?

>> No.12791795

>>12790513
Honeycomb won't charge a subscription, you pay per call, so if you don't have demand you won't have to pay, and you can choose only jobs you will profit on. It's designed to prevent node operators losing money on API subs.

>> No.12791815
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12791815

>>12791631
go back to pleddit faggot
>>12791674
Interesting, are you basing this off current models?

>> No.12791823
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12791823

>>12791795
comfy